First Horizon Corporation (FHN) — Capital Reinvestment Ratio
First Horizon Corporation (FHN) has a Capital Reinvestment Ratio of 0.03x as of March 2026, meaning it reinvests 0% of its operating cash flow ($278.00 Million) in capital expenditures ($8.00 Million). See how much free cash does First Horizon Corporation generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Horizon Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks First Horizon Corporation's Capital Reinvestment Ratio across 29 annual periods.
Annual Capital Reinvestment Ratio for First Horizon Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for First Horizon Corporation from 1989 to 2025. For live market cap and broader valuation context, see First Horizon Corporation (FHN) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.03x | $988.00 Million | $33.00 Million | ▼ -3.7% |
| 2024 | 0.03x | $1.27 Billion | $44.00 Million | ▲ +21.8% |
| 2023 | 0.03x | $1.30 Billion | $37.00 Million | ▲ +135.1% |
| 2022 | 0.01x | $2.31 Billion | $28.00 Million | ▼ -83.1% |
| 2021 | 0.07x | $741.00 Million | $53.00 Million | ▼ -78.8% |
| 2020 | 0.34x | $172.00 Million | $58.00 Million | ▲ +469.5% |
| 2019 | 0.06x | $830.29 Million | $49.16 Million | ▼ -71.1% |
| 2018 | 0.20x | $234.31 Million | $48.00 Million | ▼ -41.1% |
| 2016 | 0.35x | $179.99 Million | $62.55 Million | ▲ +219.4% |
| 2015 | 0.11x | $367.16 Million | $39.95 Million | ▲ +144.1% |
| 2014 | 0.04x | $704.71 Million | $31.40 Million | ▼ -29.7% |
| 2013 | 0.06x | $431.37 Million | $27.35 Million | ▲ +7.8% |
| 2012 | 0.06x | $371.55 Million | $21.86 Million | ▼ -92.7% |
| 2011 | 0.81x | $43.97 Million | $35.41 Million | ▲ +1350.8% |
| 2010 | 0.06x | $768.07 Million | $42.63 Million | ▲ +105.5% |
| 2009 | 0.03x | $784.27 Million | $21.18 Million | ▲ +387.8% |
| 2008 | 0.01x | $4.28 Billion | $23.67 Million | ▼ -98.1% |
| 2007 | 0.30x | $113.20 Million | $33.54 Million | ▲ +380.7% |
| 2006 | 0.06x | $1.63 Billion | $100.21 Million | ▼ -67.9% |
| 2005 | 0.19x | $498.73 Million | $95.66 Million | ▲ +205.5% |
| 2003 | 0.06x | $2.38 Billion | $149.60 Million | ▼ -31.7% |
| 2000 | 0.09x | $488.23 Million | $44.88 Million | ▲ +72.6% |
| 1999 | 0.05x | $2.00 Billion | $106.40 Million | ▼ -86.0% |
| 1996 | 0.38x | $98.80 Million | $37.50 Million | ▲ +757.3% |
| 1994 | 0.04x | $869.60 Million | $38.50 Million | ▼ -67.2% |
| 1992 | 0.14x | $120.70 Million | $16.30 Million | ▼ -21.6% |
| 1991 | 0.17x | $116.10 Million | $20.00 Million | ▲ +49.4% |
| 1990 | 0.12x | $185.60 Million | $21.40 Million | ▼ -44.5% |
| 1989 | 0.21x | $86.70 Million | $18.00 Million | — |